Bank Jobs Overview Bank jobs consist of a varied range of roles that may include anything from bank cashier jobs or ...
Bank Jobs Overview
Bank jobs consist of a varied range of roles that may include anything from bank cashier jobs or customer service representative roles to senior or specialised positions like bank manager, or finance manager jobs. Regardless of the specific job title, bank jobs require extensive knowledge of business and personal finance, excellent interpersonal and customer service skills, the ability to handle confidential information, and above-average numerical and communication skills. Managerial roles require outstanding coaching and team management skills, advanced understanding of the banking and finance industry, and fine-tuned sales skills. Bankers may specialise in corporate, personal, investment, or retail banking, so special knowledge may be required for candidates interested in such positions.
Bank Jobs Education Requirements
Bank clerks or those in customer service roles need to have a good standard of education along with good maths and IT skills. Some entry-level positions are available to graduates with a degree in business, management, accounting, or economics, but employers also value non-degree level qualifications like the Professional Diploma in Financial Services Management, a 2-year course that can be used as a standalone qualification or as an alternative entry route into a BSc programme. BTEC and HND certificates in Business Studies, Marketing, and Finance are other useful qualifications. Senior roles usually require a good university degree in a related subject and proven experience that can be acquired by completing a graduate scheme.
Bank Jobs Market
Despite the significant job losses brought about by the financial crisis, banking remains the largest sub-sector of the UK's financial industry. An important number of job vacancies are still available in the City of London and in the country's biggest cities, and according to researchers at Michael Page, the banking job market is set to improve moderately – although salaries and bonuses will most likely remain stable.
Bank Jobs Salary Information
Bank clerks and customer service representatives are often started on salaries that range between £12,000 and £16,000 (London weighting allowances are common). These figures may rise to the £18-£25,000 range for graduates or those with previous experience. Managerial roles often include bonus packages that can bring annual salaries to £70,000 and above.